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General Stock Discussion / Re: You'll hear about a new site soon - stockphoto.com domain story
« on: December 10, 2013, 16:36 »
Forgive me, but what is "pho"?
This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to. 1701
General Stock Discussion / Re: You'll hear about a new site soon - stockphoto.com domain story« on: December 10, 2013, 16:36 »
Forgive me, but what is "pho"?
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General Stock Discussion / Re: You'll hear about a new site soon - stockphoto.com domain story« on: December 10, 2013, 16:33 »My reckoning is that they will end up being closed down by getty, just like "Mac" companies get closed by macdonald's.I don't think stockphotos. com would have any problem from Getty, something like iStockpictures would maybe even iPictures would but I don't see how stockphotos could. It's too generic a term, the 'i' seems to be the important part. If I remember correctly, the "i" is only there because someone was sitting on "Stockphotos.com" when Bruce wanted the name, so he stuck "i" for "internet" in front of the name. If "i" has become important it seems to be an accident. Anyway, time will tell. I really don't think this dude will see his quarter-million again. 1703
General Stock Discussion / Re: You'll hear about a new site soon - stockphoto.com domain story« on: December 10, 2013, 16:00 »
My reckoning is that they will end up being closed down by getty, just like "Mac" companies get closed by macdonald's.
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iStockPhoto.com / Re: iStock's Mevans Passed In the Night« on: December 10, 2013, 12:38 »
I've had a private message from an insider at iStock, whom I knew well in the old days. I'm told that Mark's colleagues as inspectors and admins did extend their condolences, individually and as a group, to his family, and that they feel that their feelings and actions are not something to be made public in anonymous forum posts.
My interlocutor clearly felt that stuff written here (probably some of it by me) was inappropriate and hurtful to the inspectors and admins. I've been told it's ok for me to pass on a precis of what I was told and I hope and believe that was a fair summary. For myself, while I don't doubt (and have never doubted) the sincere sorrow of Mark's friends in iStock, I still don't really understand why it wasn't announced. If you have a "community" then it is normal to exchange infomation about what is happening with members of that community. That is what "a community" is: a group of people who share. 1705
Shutterstock.com / Re: Reviewers went crazy« on: December 10, 2013, 10:33 »
I've had those too. The point is the focus is not where they think it should be.
I got a new one today - styling rejection on plates of food. The funny thing was that I had been worrying about them looking too much like something out of a five-star hotel and thinking they might not be good for blogs etc. 1706
Shutterstock.com / Re: How are sales going?- Shutterstock« on: December 10, 2013, 09:10 »Here's one more new Shutterstock. Why do I feel a court case coming on? If your name is McDonald (and there are a lot of them) you can't open McDonald's Seafood Restaurant without getting sued to death, or even sell anything with "Mac" in it. Istock obviously inserted the "i" because "stockphoto.com" was already taken but it was (I believe) inactive. Paying $250,000 effectively to try to piggyback off Getty Images is not, in my view, a clever move. iStock didn't buy this name in the past and I'd lay odds they'd rather shut it down than pay out a million or two to some dude who thinks he's spotted a quick buck. I think I'll just go and register McDonalls.com (it's available for $12 if you want it) and sell it to someone for $1,000,000. No problem there! 1707
Adobe Stock / Re: Fotolia Seeking $300 Million To Refinance Debt« on: December 09, 2013, 16:37 »
This does make it fairly clear why they apparently demote high-ranking contributors' portfolios - they'll want to cut every penny they can to service their borrowings. It also explains why they might have shut the German office even though it's meant to be their big market.
It is very hard to see how they could possibly service a loan of that size on that turnover. If you borrow $300m at 7% over 10 years you would have to pay back about $42m a year. To do that, almost 50% of their turnover would have to be profit. And with all the money going into repayments, how would you fund growth? You'd most likely end up like Greece, cutting and cutting and cutting instead of investing and growing, and wondering why things keep getting worse. 1708
Adobe Stock / Re: Fotolia Seeking $300 Million To Refinance Debt« on: December 09, 2013, 14:58 »And I did.Maybe it's time to leave...It was time to leave Fotolia many years ago. I don't remember Fotolia doing anything good for photographers, instead they paved the way for some of the most negative developments. I certainly won't weep if they go under and that $87m gets spent elsewhere. 1709
Adobe Stock / Re: Fotolia Seeking $300 Million To Refinance Debt« on: December 09, 2013, 14:45 »
Borrowing against the business to pay a "special dividend" to shareholders. Now, what does that remind me of? And some of the borrowing is to refinance earlier borrowing, so it's not going into growing the business.
Interesting that Moody's considers it high risk, that must mean they will have to pay high interest rates. $300m sounds like an awful lot to borrow for a business that has revenues of less than $100m - and does "revenues" mean turnover or does it mean profits? 1710
iStockPhoto.com / Re: iStock's Mevans Passed In the Night« on: December 08, 2013, 17:46 »
I wonder if he seriously upset someone. Was there a head on row? Was he still an admin/inspector at the end? It doesn't make sense otherwise. The iStock forum is almost defunct, 20 threads per month, yet a few of the older members of the community have still picked up the remembrance thread, but Lobo hasn't bothered to offer sympathy, it's crazy. What does that make Lobo look like? What does it make iStock look like?
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iStockPhoto.com / Getty earnings« on: December 08, 2013, 15:14 »
I'd been waiting to see how istock's cut in inde pricing could increase its income, since it didn't make sense to me, now Jim Pickerell of "Selling Stock" the industry newsletter, reports:
"Getty Images has supplied selected investors with its third quarter revenue figures. Indications are that revenue continues to decline. For the year ending June 30, 2013 revenue was $897 million. For the 4 quarters ending September 30, 2013 indications are that the revenue is less than the $897 million, but we have been unable to determine exactly how much it has declined. " There's more in an article you can pay credits to read, but the summary looks as if it says it all. Maybe there has been some change in the market pricing of their debt? You may recall that it was that that brought out some figures three months ago. I don't know where to look for that info, though. 1712
iStockPhoto.com / Re: iStock's Mevans Passed In the Night« on: December 08, 2013, 14:50 »
Well, I'm sorry for saying what I thought, And I'm sorry you couldn't be bothered to send your condolences until you wanted to jump in to defend iStock. And I probably shouldn't have said that either, but it happens to be what I think.
PS: The value of the forum is that it let us know about this, as it lets us know about other things. 1713
iStockPhoto.com / Re: iStock's Mevans Passed In the Night« on: December 08, 2013, 13:59 »
With 18 hours gone since the first mention on IS and 14 replies so far there does not appear to be ONE admin or inspector saying anything. It is as if an instruction has gone out that his death is to be ignored by employees. It's extrarordinary.
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General Stock Discussion / Re: Calling Another User Out...« on: December 08, 2013, 13:08 »
Yup. I remember the "wiki-warriors" earning their badges by getting correct keywords deleted and replacing them with incorrect ones, which iStock then approved. It happened to me. I don't know why anyone would think that someone who has never been near a place where a photo was taken would know better about what it was of than the person who was there and took the photo.
Then there is the local knowledge. I shot some Saudi kabsa today, which is also known as machboos or majbous in Bahrain and Qatar. I doubt if one in a hundred Canadians have heard of it, so how is a Canadian company going to get the correct keywords? Agency keywording is OK for girl, beach, sea, sunglasses, bikini, happy, smiling - but it's not going to work for more complicated stuff. Istock CV proves that, it almost forces people to spam keywords by being so inadequate. 1715
General Photography Discussion / Re: Help me let talent win and NOT popularity!« on: December 08, 2013, 09:20 »
I'll tell you what does outrage me, it is when companies run "transfer the copyright" competitions and then people steal my images and enter them as their own. It happened to me three times that I know of in just one Qatar Airways "contest", with different culprits involved each time. I had to send proof of ownership to QA to get them to take them down, which they did for the first two, I don't know if they did the third time since they didn't bother replying to me.
Interestingly, their "competition" was run by a foreign company that specialises in them, and the images were made to re-sort every time you opened a thumbnail to check it, making it virtually impossible to track down thieves in a huge pile of pix (every time you checked a file you had to start searching again from page 1). I rather suspect that hiding theft was the purpose of the re-sort. 1716
General Stock Discussion / Re: liability legal protection for artists selling via stock agencies.« on: December 07, 2013, 17:56 »
I don't know where the idea came from that "in most stock agency's terms of use the artists are somehow legally protected". All the terms I read seem to state that the artist indemnifies the agencies and guarantees to fund the agency's legal costs in the event of trouble.
It's never made me feel protected, quite the reverse actually, I seem to be promising to protect them to an unlimited degree. Or have I misunderstood everything? 1717
General Stock Discussion / Re: Poor sales on Alamy« on: December 07, 2013, 17:08 »
I really can't let Alamy's upload system limit my production, so when I'm in a productive frame of mind I just have to cope with it. I've had too much time off this year for one reason or another so I'm trying to make up for it a bit. I cleared the last pile yesterday and I already have another 25 pending and plans to push up another 10 or 15 tomorrow.
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General Stock Discussion / Re: Poor sales on Alamy« on: December 07, 2013, 14:20 »
They took several days to approve my last batches so I found myself facing 119 that all needed finished at once. It really is awful, as bad as wading through the sections on Deep Meta and trying to organise everything.
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General Stock Discussion / Re: Poor sales on Alamy« on: December 07, 2013, 08:08 »The advice over there seems to be "if you don't have at least 5K images, forget it". I've had a look at some of the big ports and get the distinct impression of folks wandering around randomly pointing a camera at stuff - is this a very unfair impression? Obviously different people approach things differently but I was quite shocked with the portfolio of one of the largest contributors there when I looked at it a few years back. He seems to fly round the world snapping everything and then uploading it with some vague keywords. It allowed him to process something like 10,000 images a year (yes, that's about 30 a day, it would kill me!) and become one of the biggest earners but his RPI was very low. Alamy's approach allows you to do that sort of thing. If you've got what it takes to do it (without going mad) and it brings you a living wage it is a valid strategy = though I should think it leaves you very vulnerable to an influx of better material. That said, I've got about 4,000 there and its in third place for my agencies (it would probably be fourth if I had Fotolia) so it is significant. 1720
General Photography Discussion / Re: Help me let talent win and NOT popularity!« on: December 07, 2013, 07:56 »
Don't they ALL turn into that, Tony? And isn't that the point of them? The organisers want the people with most friends to attract attention to their business - at least, that's they usual way it goes. It's about SEO (or sometimes about acquiring copyright) not about photographic skill.
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General Stock Discussion / Re: Poor sales on Alamy« on: December 06, 2013, 09:53 »
At least there is an excuse for using mobile phone cameras in places like Libya, where news crews are at high risk, what really disgusts me is that they seem to regard the reporter's phone as standard video equipment in places were there would be no difficulty in getting a proper camera in place. Sky News's storm coverage in the UK yesterday seemed to depend heavily on phone cams that kept breaking up. Of course, the Finance Director will be overwhelmed with joy at discovering there is no real need for TV cameras/crews any more and I shouldn't think a few viewers' complaints will weigh heavily in the balance.
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Alamy.com / Re: When will it show payment is due?« on: December 04, 2013, 12:34 »
Except I have exactly 75 cleared and it's not showing payment due yet.
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Shutterstock.com / Re: [Shutterstock] Is ftp working?« on: December 04, 2013, 08:34 »
So Deep Meta starts working again and SS FTP goes dead (and goodness knows whether 123 is up or down). Sometimes you just can't win!
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Alamy.com / Re: Is Alamy payment late?« on: December 04, 2013, 08:31 »Is less than one month "old"? I think that in this case two or three weeks is "old" because we are into a different payment cycle. The thread concerns the November payments (and raking it up after that has been resolved could make people think there is an ongoing problem). 1725
Shutterstock.com / Re: [Shutterstock] Is ftp working?« on: December 04, 2013, 07:18 »
Same thing happened to me, so I used the site uploader.
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